Economy

Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform.

Mortgage applications decreased 3.7% from one week earlier, because of consumer concerns over the direction of the economy outweighed lower interest rates, according to the Mortgage Bankers Association.

Home prices in the greater New Orleans region were on the rise at the end of 2018, according to the National Association of Realtors.

The mortgage loan origination system developer Ellie Mae is going private, agreeing to be acquired by the private equity firm Thoma Bravo in an all-cash transaction valued at $3.7 billion.

Economic growth in the Rockford, Ill., region helped the housing market reach sales milestones in 2018 not seen in more than a decade.

Homebuilders in the Twin Cities are off to a running start this year, but topping 2018 won't be easy.

Stable equity and debt availability should keep multifamily and commercial real estate originations in line with 2017's peak, according to the Mortgage Bankers Association.

Late payments on loans backing commercial mortgage bonds continued falling at the start of the year, due to strong new issuance volume and continued resolutions for precrisis loans by special servicers, according to Fitch Ratings.

The rising cost of housing in the Bay Area has dramatically resegregated neighborhoods by race and pushed minority families to the outer edges of the region, a new paper shows.

Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation.

King County's cooling housing market has turned downright chilly as prices have dropped to their lowest point in two years — with the median home now selling for $116,000 less than last spring.

Home sellers in metro Denver came out ready to play ball in a big way in January, but buyers didn't show up to meet them in equal numbers.

Consumers have higher household incomes and more faith in cooling home price and mortgage rate growth than they did a year ago, which could allude to a stabilized housing market in 2019, according to Fannie Mae.

The median sales price for existing single-family homes sold in Southern Nevada in January was $300,000, according to the Greater Las Vegas Association of Realtors.

The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.

Fourth-quarter increases in Fannie Mae and Freddie Mac mortgage origination volume helped Walker & Dunlop reach a new quarterly high in revenue of $215 million.

The pace of Colorado Springs-area homebuilding is off to a slow start in 2019.

Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government.

As Huntington Beach prepares for a lengthy battle with the state of California over its affordable housing goals, the city of Pismo Beach is preparing for a battle of its own as it tries to attract more low-income housing to the traditionally wealthy area.

Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.